TORRANCE, Calif. (July 24, 2014) – Jim Lentz, chief executive officer of Toyota North America, was recognized as Industry Leader of the Year at the Automotive Hall of Fame’s 75 th Anniversary Gala on July 24, 2014. The event was held at the A. Alfred Taubman Center for Design Education, College for Creative Studies in Detroit. full_image_path: D:InetpubtoyotamediahtdocsimagesLentz_Hall_of_fame_thumb.jpg feed_brand_code:
Filed under: Recalls , Safety , Chrysler , Ford , GM , Honda , Nissan , Toyota , Volkswagen If you’ve noticed that there have been more recalls than usual this year, you may be on to something. According to a report from the National Highway Traffic Safety Administration , the US market is on pace to break a record for recalls. In 2013, 22 million cars were recalled. We’re only a third of the way through 2014, though, and we’ve already halved that figure, with 11 million units recalled. That’s wild. Considering the past few months, it shouldn’t be a surprise that General Motors is leading the charge, with six million of the 11 million units recalled coming from one of the General’s four brands. Between truck recalls , CUV recalls and the ignition switch recall , 2014 hasn’t been a great year for GM. Other recall leaders include Nissan ( one million Sentra and Altima sedans), Honda ( 900,000 Odyssey minivans), Toyota ( over one million units in a few recalls), Volkswagen ( 150,000 Passat sedans), Chrysler ( 644,000 Dodge Durango and Jeep Grand Cherokee SUVs) and most recently, Ford ( 434,000 units , the bulk of which were early Ford Escape CUVs). So while it’s been a bad year for GM so far, its competitors aren’t doing too well, either. It’s not the end of the world, though.
Filed under: Plants/Manufacturing , Lexus , Toyota The ES is Lexus’ top-selling sedan, but the Japanese luxury marque has never manufactured it outside of Japan. In fact, Lexus has never made any cars in the United States, one of its largest markets worldwide. But that’s about to change. Yesterday, construction began in Georgetown, Kentucky, on the first Lexus assembly line in America, the first concrete (or steel) step in a $360-million expansion of Toyota’s plant in the Bluegrass state that will create 750 new jobs. The expansion was announced last April by chief executive Akio Toyoda at the New York Auto Show . Once the new assembly line gets online in the fall of next year, Toyota plans on building some 50,000 units of the ES each year. Lexus sold a record 72,581 examples of the ES in the United States last year – 30 percent more than the previous year – so Lexus will either have to import some more from overseas or leave some buyers disappointed. Toyota Motor Manufacturing Kentucky (TMMK) also builds the Camry , Avalon and Venza , with a capacity to assembly 500,000 vehicles and 600,000 engines each year. Continue reading Construction of Lexus’ first US assembly line underway Construction of Lexus’ first US assembly line underway originally appeared on Autoblog on Thu, 09 Jan 2014 14:03:00 EST. Please see our terms for use of feeds .
TORRANCE, Calif., (Nov. 15, 2013) – During his 16 years as President and Chief Executive Officer of Toyota Financial Services USA, George Borst demonstrated an unwavering commitment to developing strong female leaders across the organization.